Up, up and away: Used truck prices keep soaring to records

Used truck prices continued their skyward trajectory in August, setting records as demand continued to overwhelm supply, a condition expected to last into next year.

The monthslong pricing rocket resumed in August after briefly slowing in July. The trickle-down effect of new truck production stalled by a lack of critical microchips and other component shortages is choking the supply of low-mileage used trucks. 

Fleets that typically trade equipment after four or five years are holding onto their...

https://www.freightwaves.com/news/up-up-and-away-used-truck-prices-keep-soaring-to-records

Leave a Comment

Join Our Newsletter
Enter your email to receive a weekly round-up of shipping news.
icon